Orissa Bengal Carrier Limited offers transportation and logistics services in India. The company offers full truck load transport, and parcel and part truck load/less than truck load services. It serves the steel, coal, aluminum, cement, petrochemical, paper, marble, tiles, infra, textile, and FMCG industries. The company was incorporated in 1994 and is headquartered in Raipur, India.
Orissa Bengal Carrier Dividend Announcement
• Orissa Bengal Carrier announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2020-10-04. Ex dividend date: 2020-08-27
• Orissa Bengal Carrier's trailing twelve-month (TTM) dividend yield is -%
Orissa Bengal Carrier Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-08-27 | ₹0.50 | annually | 2020-10-04 |
| 2019-07-25 | ₹0.50 | annually | 2019-09-02 |
Orissa Bengal Carrier Dividend per year
Orissa Bengal Carrier Dividend Yield
Orissa Bengal Carrier current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Orissa Bengal Carrier stock? Use our calculator to estimate your expected dividend yield:
Orissa Bengal Carrier Financial Ratios
P/E ratio68.10
PEG ratio11.25
P/B ratio1.38
ROE2.06%
Payout ratio0.00%
Current ratio2.73
Quick ratio2.73
Cash Ratio0.03
Orissa Bengal Carrier Dividend FAQ
Does Orissa Bengal Carrier stock pay dividends?
Orissa Bengal Carrier does not currently pay dividends to its shareholders.
Has Orissa Bengal Carrier ever paid a dividend?
No, Orissa Bengal Carrier has no a history of paying dividends to its shareholders. Orissa Bengal Carrier is not known for its dividend payments.
Why doesn't Orissa Bengal Carrier pay dividends?
There are several potential reasons why Orissa Bengal Carrier would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Orissa Bengal Carrier ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Orissa Bengal Carrier has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Orissa Bengal Carrier a dividend aristocrat?
Orissa Bengal Carrier is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Orissa Bengal Carrier a dividend king?
Orissa Bengal Carrier is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Orissa Bengal Carrier a dividend stock?
No, Orissa Bengal Carrier is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Orissa Bengal Carrier stocks?
To buy Orissa Bengal Carrier you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Orissa Bengal Carrier stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Orissa Bengal Carrier stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.